Hi guys,

I noticed DEGEM INSIDERS recent purchase of DEGEM Shares

See

DATO' HASAN BIN M.TAIB	19-Jul-2019	Acquired	5,190,016	-
DATO' HASAN BIN M.TAIB	12-Jul-2019	Acquired	4,190,000	-
DATO' HASAN BIN M.TAIB	05-Jul-2019	Acquired	5,000,000	-
DATO' HASAN BIN M.TAIB	26-Jun-2019	Acquired	5,000,000	-
DATO' HASAN BIN M.TAIB	14-Jun-2019	Acquired	3,195,900	-
MR CHOONG KAI FATT	13-Dec-2018	Acquired	1,000,000	-
MR CHOONG KAI SOON	13-Dec-2018	Acquired	1,000,000	-
MR CHOONG KAY CHEONG	13-Dec-2018	Acquired	1,000,000	-
MR CHOONG KHOI ONN	13-Dec-2018	Acquired	1,000,000

Since DEGEM is a so lightly traded downtrending stock I was curious why they bought

So I went to check up on DEGEM

So my surprise these are some discoveries

1) DEGEM at 83 sen with NTA of Rm1.93 is selling at a Huge 57% Discount to NTA which is more than Ben Graham requirement of 30% Discount = Got huge margin of safety

So it passed My 1st Test of Value Investing

2) A Check with Degem NTA shows 2 Things

a) DEGEM Has Prime Assets like 3 Storey Shop-offices in Jalan Maarof in Bangsar = Very prime prime real estates

See

Diamond Mart Sdn Bhd

Two Continuous No. 40 & 42, 21.02.2001 Boutique Freehold

2 Three Storeys Jalan Maarof, and each Mid Terraced Bangsar Baru, Office Shop Offices 59100 KL

Date of purchase 21.02.2001

Book Value:  Rm6,761,110

THESE 2 BLOCKS OF SHOPHOUSES ARE VALUED AT ONLY RM6.7 MILLIIONS 

BOUGHT 25 YEARS AGO. IF REVALUED PRICE SHOULD REACH RM10 MILLIONS OR EVEN MORE IN HOT HOT BANGSAR

IT HAS ANOTHER 6 STOREY SHOPHOUSE IN DAMANSARA AS WELL AS 2 COMMERCIAL BUNGALOW PLOTS IN JALAN MARROF

AND MANY MORE ASSETS AS PRECIOUS AS GOLD AND JEWELS

 TOTAL VALUE OF ASSETS ARE LISTED AS  RM49,560,637 (ABOUT RM49.5 MILLIONS)

RM49.5 MILLIONS IS ABOUT 37.8 SEN PER SHARE

b) THE REST OF THE RM1.93 - 37.8 SEN = RM1.55 ARE GOLD, SILVER, DIAMONDS & GEM STONES

WOW!

NOW THEY OFFER RM1.10 TO TAKE DEGEM PRIVATE

HOW WILL THEY MAKE MONEY?

SO SIMPLE

JUST REVALUE AND SELL ALL REAL ESTATE ASSETS

IF UP 50%

37.8 SEN X 1.5 = 56.7 SEN

OR UP 100% SO 37.8 SEN X 2 = 75.6 SEN

AHA SO RM1.10 LESS 75.6 SEN = 34.4 SEN

SO?

SO NOW THE REST OF THE HIDDEN TREASURE VALUED AT RM1.55 PAID FOR AT 34.4 SEN

OKOK TIMES ARE BAD. CONSUMERS ARE TIGHTENING THEIR BELTS

SO SELL OFF THE TREASURE AT A 30% DISCOUNT

SO RM1.55 X .7 = RM1.08

SO STILL GOT RM1.08 PER SHARE VALUE

NOW RM1.08 - 34.4 SEN = 73.6 SEN OR 213% PROFIT

WUHUHU!

SEE

TO TAKE DEGEM PRIVATE AT RM1.10 IS A NO BRAINER AS PROFITS FROM 100% TO 200% ALMOST GUARANTEED

NOW CALVIN ONLY SAW VALUE BUT NOT AWARE OF COMING PRIVATISATION

SEE

Jewellery maker Degem says its major

shareholder wants to take the company private

https://www.thestar.com.my/business/business-news/2019/09/25/jewellery-maker-degem-says-its-major-shareholder-wants-to-take-the-company-private

NOW CALVIN IS VERY VERY BUSY WITH 2 BULL RUN THEME STOCKS

1) YEAR 2019 IS OIL AND GAS BULL RUN

SO FAR SO GOOD. CARIMIN, NAIM, PENERGY AND UZMA UP FROM 50% TO 400% FROM THEIR LOWS

CURRENT FOCUS ALSO CHUN CHUN ON SCOMI ENERGY (7045) DON'T YOU MISS THIS LAST OF THE O&G BULL RUN STOCK OK? SCOMIES WILL MAKE YOU 100%, 200% OR EVEN 300%

2) AND NEXT YEAR WILL BE THE DIGITAL ECONOMY STOCK OF

A) OPCOM  (OO35) SURE FIRE WINNER

B)  NETX (0020) NETX IS NEXT IN LINE TO RUN UP

SO ALTHOGH CALVIN FULLY IMMERSED IN O&G AND THE DIGITAL ECONOMY STOCKS CALVIN WANTED TO BUY SOME DEGEM QUIETLY ON THE CHEAP

BUT TO MY DISMAY VERY LITTLE TRADING ACTIVITY AS DEGEM IS VERY ILLIQUID

SEE

FOR DAYS THERE WERE NO TRANSACTION FOR DEGEM

AT BEST ONLY 20,000 SHARES TRADED ON 20/9/2019

ON BAD DAYS ONLY 2,000 SHARES WERE DONE AS ON 23/9/2019

SO HOW TO BUY IF GOT NO SELLERS?

AND ALSO QUITE HORRIBLE AFTER BUYING YOU ALSO CAN'T SELL AS THERE ARE FEW OR NO BUYERS

THEN HOW DID INSIDERS MANAGED TO GET 5000 LOTS ?

SEE 

DATO' HASAN BIN M.TAIB

05-Jul-2019

Acquired

5,000,000

-

Director's Particular:

Details of Changes:

Total no of securities after change

AHA! HE GOT THEM FROM OFF MARKET PURCHASE

Then means that some very weary holders have given up hope and knowing he cannot sell into an illiquid market or else dumping 5 million Degem shares at one go MIGHT CAUSE LIMIT DOWN

So INSIDERS STEALTHILY BOUGHT FROM THESE WEAK HOLDERS

WHY SO FEW BUYING AND SELLING OF DEGEM SHARES

NOW TAKE A LOOK AT TOP 30 SHAREHOLDERS

AMONG THEM ARE COMPANY FOUNDERS AND YEOMAN

YEOMAN IS A BOTTOM TOP APPROACH VALUE INVESTOR CALVIN LIKE

AND TOP 30 HOLDERS ALREADY CAPTURED 97% OF DEGEM SHARES

LIST OF THIRTY LARGEST SHAREHOLDERS (SEE AR OF DEGEM) Pages 125

TOTAL OF 30 TOP HOLDERS OF DEGEM SHARES ........127,957,000................. 97.79%

WHOA! 97.79% HELD TIGHTLY BY TOP 30 SHAREGOLDERS OF DEGEM

ONLY 2.1% FREE FLOAT?

NO WONDER FEW SELLERS OR BUYERS 

OK OK CALVIN WILL GIVE IT A PASS (THIS IS A CORNERED STOCK AFTER ALL)

THEN HOW NOW?

YESSSS!

I GOT SOME GOOD NEWS

SCOMI ENERGY (7045) INSIDER CEO JUST BOUGHT SCOMIES AT 10.5 SEN

SEE

DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS) : DEALINGS OUTSIDE CLOSED PERIOD

SCOMI ENERGY SERVICES BHD ("SESB" or "the Company")
- Dealings in listed securities of the Company outside closed period pursuant to Paragraph 14.09(a) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad

HILMY ZIANI IS CEO OF SCOMIES

WHAT IS THE DEFINTITION OF A CEO?

See

What Is Chief Executive Officer (CEO)?

A chief executive officer (CEO) is the highest-ranking executive in a company, whose primary responsibilities include making major corporate decisions, managing the overall operations and resources of a company, acting as the main point of communication between the board of directors (the board) and corporate operations and being the public face of the company. A CEO is elected by the board and its shareholders.

A CEO IS THE HIGHEST-RANKING EXECUTIVE IN THE COMPANY

If the TOP BOSS Buy That Means He Sees Something Good Ahead

whose primary responsibilities include making major corporate decisions

A CEO MAKES MAJOR CORPORATE DECISIONS FOR THE COMPANY

SO IF YOU MISSED DEGEM YOU MUST NOT MISS SCOMIES

 

ANOTHER GOOD NEWS

DIRECTORS OF NETX (0020) USING ASIABIO TO BUY UP NETX SHARES

See

 

ASIABIO CAPITAL SDN BHD	23-Aug-2019	Acquired	19,000,000	0.000
FINTEC GLOBAL BERHAD	23-Aug-2019	Acquired	19,000,000	0.000
ASIABIO CAPITAL SDN BHD	22-Aug-2019	Acquired	15,000,000	0.000
FINTEC GLOBAL BERHAD	22-Aug-2019	Acquired	15,000,000	0.000
ASIABIO CAPITAL SDN BHD	15-Aug-2019	Acquired	12,000,000	0.000
FINTEC GLOBAL BERHAD	15-Aug-2019	Acquired	12,000,000	0.000
ASIABIO CAPITAL SDN BHD	13-Aug-2019	Acquired	20,000,000	0.000
FINTEC GLOBAL BERHAD	13-Aug-2019	Acquired	20,000,000	0.000
ASIABIO CAPITAL SDN BHD	09-Aug-2019	Acquired	9,000,000	0.000
FINTEC GLOBAL BERHAD	09-Aug-2019	Acquired	9,000,000	0.000
ASIABIO CAPITAL SDN BHD	08-Aug-2019	Acquired	8,000,000	0.000
FINTEC GLOBAL BERHAD	08-Aug-2019	Acquired	8,000,000	0.000
ASIABIO CAPITAL SDN BHD	07-Aug-2019	Acquired	10,000,000	0.000
FINTEC GLOBAL BERHAD	07-Aug-2019	Acquired	10,000,000	0.000
ASIABIO CAPITAL SDN. BHD.	06-Aug-2019	Acquired	10,000,000	0.000
FINTEC GLOBAL BERHAD	06-Aug-2019	Acquired	10,000,000

 

12MP (MALAYSIA PLAN) BUDGET REVOLVES AROUND THE DIGITAL ECONOMY. A WHOPPING RM21.6 BILLIONS DESIGNATED FOR NATIONWIDE FIBERISATION

NETX IS WELL POSITIONED TO REAP WINDFALL JOBS

SO LIKE DEGEM INSIDERS = ASIABIO/NETX INSIDERS ARE LOADING UP NETX SHARES

 

BEST REGARDS

Calvin Tan Research

Please buy or sell after doing your own due diligence